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STATE OF NEW YORK TAX APPEALS TRIBUNAL In the Matter of the Petition:of: :SAJID GILANIDECISION DTA NO. 827087for Revision of a Determination or for Refund of Sales and : Use Taxes under Articles 28
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A dual commission agreement is a contract between a real estate agent and both the buyer and seller in a real estate transaction, where the agent receives commission from both parties.
The real estate agent involved in the transaction is required to file the dual commission agreement.
The dual commission agreement should be completed by all parties involved in the transaction and signed by each party.
The purpose of a dual commission agreement is to outline the commission arrangement between the real estate agent and both the buyer and seller.
The dual commission agreement must include details of the commission amount, payment terms, and any other relevant terms agreed upon by the parties.
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